1008 16th PlaceKelsoWA98626
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $1,980/mo, and a $2,104/mo payment. Purchase price stands at $429,900, and rental yield measures 5.53% with $1,980/mo rent. Return on cash invested shows 14.82% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 75.32% and total cumulative return in cash records $107,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 1969
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98626, Kelso, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,729 (100%) |
| Owner Occupied HU | 7,126 (66.4%) |
| Renter Occupied HU | 3,180 (29.6%) |
| Vacant Housing Units | 423 ( 3.9%) |
| Median Home Value | $402,706 |
| Average Home Value | $436,798 |
Housing Distribution
Address Breakdown
Residential
10,343
Single Family
9,456
Multi-Family
887
Businesses
596
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Listed by: Dean P Gehrman • John L Scott LVW
Mls Name: NWMLS
Mls ID: #2469492